NOTE—to see whether notification thresholds in Indonesia and throughout the world are met, see further: Where to Notify. 1. Have there been any recent developments regarding the Indonesian merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Indonesia? The Commission for the Supervision of Business Competition (KPPU) introduced a new merger control regulation through the KPPU Regulation No. 3 of 2023 on the Assessment of Mergers, Consolidations, or Acquisitions of Shares and/or Assets that May Result Monopolistic Practices and/or Unfair Business Competition (2023 Merger Regulation). The 2023 Merger Regulation officially came into effect on 31 March 2023 and revoked the previous 2019 merger regulation. It sets out few notable changes on the Indonesian merger control landscape. These are set out below. Mandatory notification criteria • the 2023 Merger Regulation has amended the previous worldwide asset threshold to an Indonesian asset threshold. As such, the relevant assets to be considered in the calculation of the asset value threshold in any transaction is limited to assets located